Corbin Senior Activity Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 395,877 | 398,823 | −2,946 | 20.7 | 30% |
| 2012 | 433,326 | 401,980 | 31,346 | 21.5 | 30% |
| 2013 | 392,941 | 396,094 | −3,153 | 21.7 | 35% |
| 2014 | 543,122 | 543,205 | −83 | 15.8 | 24% |
| 2015 | 423,183 | 380,472 | 42,711 | 23.9 | 39% |
| 2016 | 481,439 | 450,846 | 30,593 | 21.0 | 34% |
| 2017 | 790,459 | 439,716 | 350,743 | 31.1 | 34% |
| 2018 | 365,701 | 357,256 | 8,445 | 38.6 | 41% |
| 2019 | 321,697 | 363,198 | −41,501 | 36.6 | 33% |
| 2020 | 201,816 | 227,627 | −25,811 | 57.0 | 42% |
| 2021 | 259,773 | 346,942 | −87,169 | 34.4 | 35% |
| 2022 | 836,044 | 938,100 | −102,056 | 10.3 | 18% |
In its most recent public year (2022), this organization spent $102,056 more than it brought in. Its reserves stood at about 10.3 months of spending, down from 20.7 in 2011. Staff pay was 18% of spending. $42,939 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2022. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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